For car shoppers ...

Models to savor Ron Amadon looks at a Ford Flex, (above), a Rolls Royce droptop, and more. • See Auto Reviews & Roundup • Slideshow: 2009 Toyota Corolla LE A day at the races The car industry is in the tank but pricey racing schools like Jim Russell's at Infineon Raceway are still drawing fans.

Ford looks to sell Volvo
After standing by Swedish nameplate amid other brand sales, Ford is now forced to consider all options amid industry turmoil.
• First Take: Can Sweden save Ford?
• Daimler says 'no thanks' to acquisition

Fed to the rescue
GMAC pockets big loan
GM's lending unit received $5 billion in funds from the $700 billion U.S. government bailout program in a move designed to help the struggling automaker sell new cars and trucks. 
• GM rallies after GMAC earns bank status
• The two sides recast their deal
• Chrysler finally gets its check

First Take: GM flips cash to consumers
The $5 billion bailout tossed to GMAC didn't cool down overnight, as GM was pumped it to consumers, offering them terms on new cars that would make lenders blush -- or shudder.

Troubles in Japan
More plant shutdown for Toyota
Japanese giant reportedly will shutter factories on its home turf for a combined 11 days during February and March to in an effort to reduce capacity amid the global slowdown.
• A new president on the way
• Production delayed at Prius plant

Honda slashes profit outlook
Automaker cuts its forecast the fiscal year by 62% and postpones the opening of a new plant in Japan, as auto sales slumps and a stronger Japanese currency weighs on overseas profits.